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All change creates both challenges and opportunities. All life is change: being born, growing, learning, maturing, dying, evolving. Society is continually transforming: moving from the past to the future, building on our human history, creating new and unique manifestations of humanity. Our world is morphing: the turning of the seasons, the movement of the continents, […]
Borderless Capital, a venture capital firm based out of Miami, has launched a new $500 million fund focused on Algorand (ALGO). The firm announced that its new fund will aim to invest in projects built within the Algorand ecosystem, and is set up to tackle the creators economy with non-fungible tokens (NFTs), as well as […]
When Bitcoin was first made known to the world, its design of being a new circulating currency to replace fiat was its most alluring aspect. It spoke to those who were looking at ways to “stick it to the man” every opportunity they got. It wasn’t until much later that this idea was overshadowed by […]
A recently launched project & crypto coin, Rokkit Fuel, is being hailed as the next bigcryptocurrency and has major plans to revolutionise the social media industry with a cryptocurrency-subscription based social media app.
And if that isn't enough, the token also redistributes 5% of each transaction to all holders inBitcoin. Many previous projects pay rewards in native tokens or stable currencies such asUSD, but with Rokkit Fuel coin, the contract automatically converts rewards to the mostcoveted one of them all, Bitcoin. Rokkit Fuel Newly Launched Cryptocurrency Set To Shake The Social Media Industry
Rokkit Fuel explain in their white paper that they believe, more needs to be done to rewardcreators who mostly earn very little for their efforts in partnerships currently offered by otherleading platforms, such as YouTube & TikTok.
According to this article on Business Insider, Youtubers with 1000 views will earn on average$17 if their content is selected for Google ads (who take around 40-55% of profit), whereas inthe proposed Rokkit Fuel app, creators could earn $17 or more with as little as one view, whichcould be life changing for some creators, particularly the up and coming ones.
Rokkit Fuel further explains that more needs to be done to reward creators to ensure socialmedia has a sustainable future. The way this will be achieved is through content creatorshaving one-off paid, subscription based or free shows, where the creators themselves can set the fee.
For instance, even if only 500 people subscribed to a content creators' show at $2 per month,that would still mean the creator would earn $2,000.00 per month (before taxes/fees). If thatcreator uploaded the same content to other major social media platforms, they would earn onlya fraction of that amount.
And this is where Rokkit Fuel will shake the industry; if they could create an app that allowseven smaller creators to thrive and possibly leave their day jobs, then not only will itrevolutionise the social media industry, but the whole landscape of entertainment across the board.
The project appears to be in the hands of a leader who has first-hand experience being in thespotlight as an influencer, Rokkit Fuel is the brainchild of Shak Warner, who spent over 20years in the music and entertainment industry working with some of the biggest American &British acts which bodes well for the aim of developing a social media app.
Some may ponder, why would content creators leave the current major social media platformsand make content on Rokkit Fuel's app? Rokkit Fuel Chairman, Shak Warner, said:
“The upcoming Rokkit Fuel app will completely revamp the way users and content creatorsinteract. No more will only celebrity influencers earn a living creating, but it will also givesmaller creators the chance to finally get paid fairly, doing what they love. This is something Iand the Rokkit Fuel coin holders are extremely passionate about, and I believe that both thetiming and the concept is right, for a project like Rokkit Fuel to help transition the social mediaindustry into the world of blockchain.”
Even though Rokkit Fuel is still in very early stages, it has already garnered the attention frommany celebrities and influencers Tweeting about Rokkit Fuel, such as international soccerplayer Fredy Montero, celebrity Disc Jockey's DJ Danny T & DJ Prestige, actor David Banks, rappers Wayne Dreadski & MuZik King, professional basketball player Alandise Harris, musician Robert Dobbs, professional Ice Hockey player Zach Boychuk, but to name a few.
Rokkit Fuel has also been popular amongst crypto-based listing websites with $ROKK trendingNo.1 on the likes of Watcher Guru, Coinsniper & thousands adding Rokkit Fuel to theirwatchlists on Coinmarketcap & Coingecko.
The developers of the project aren't stopping there, with announcements of an upcomingbillboard campaign beginning in New York Times Square. The excitement building aroundRokkit Fuel has had members of the community guessing what the social media app will becalled, with rumours circling that it will be called “ROKKit”.
One thing is for sure, the community is at the heart of the project with the team providingregular AMA's (ask me anything) & updates on how the project is coming along.
With a current marketcap of 0.3% compared to that of Safemoon, 0.0015% of Doge Coin's & a multi-billion dollar target industry, many analysts & Youtubers are hailing Rokkit Fuel as the next value investment going into 2022.
Tofind out more, you can join one of Rokkit Fuel's already very active communities:
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There is an “architectural shift” in technology and in the world brought upon by cryptoassets, which many crypto supporters miss, according to Marc Andreessen, co-founder of venture capital powerhouse Andreessen Horowitz (a16z), and founder of Netscape Communications Corporation. Today, a16z announced a new USD 2.2bn fund to continue investing in crypto networks. Meanwhile, in a […]
Cryptocurrency and Blockchain careers are trending at all-time highs and the industry is growing at a rate so quickly that hundreds of jobs are being advertised faster than you can type up your resume. In fact, a survey performed by LinkedIn in 2020 found that Blockchain skills were the most in-demand skills in the United […]
SolChicks Set to Launch Record-Breaking IDO on 11/26
SolChicks has developed a play-to-earn MMORPG/MOBA game on the Solana blockchain. This extraordinary project is spending the last few days before its highly anticipated IDO launch by breaking a few records. In the past week, SolChicks has achieved some remarkable things.
The SolChicks game demo attracted over 50,000 players in only the first week of its release.
SolChicks ranked #1 on CoinMarketCap, #1 P2E game on Solana P2E, and #1 hottest NFT collection on Solanart.
The game launched on a record-breaking number of launchpads. With over 30 launchpad participants, including most of the major launchpads across all blockchains, it was one of the largest launches in NFT history.
The project underwent striking social media growth in the week following the game's demo release, with an increase in Twitter followers from 26k to 150k (+580%), Telegram followers from 13k to 125k (+960%), and Discord followers from 66k to 110k (+67%).
The floor price of the SolChicks NFT has risen from 1.8 SOL to 17 SOL (an 844% increase), equating to around $3,500 USD for the lowest price NFT available.
SolChicks with rare attributes have sold for as much as 160 SOL ($35,000 USD).
The project boasts a record 328 private investors, including well-known venture capitalists such as Blocore, AirAngels, GoldenTree, GD10, MetaVest Capital, Spartan Group, and Master Ventures; major gaming guilds such as Yield Guild Games; key opinion leaders such as Crypto Banter and CryptoBirb; and a number of high profiled angels.
These accomplishments have confirmed SolChicks' reputation as one of the most promising P2E projects on the rise. The alpha version is scheduled for release in the spring of 2022, with the full game expected to follow later that year.
With over $20 million raised so far, SolChicks is well on its way to reaching its fundraising goals.
In its public round of fundraising, SolChicks raised $20 million from more than 300 private investors, implying a $400 million fully diluted market cap for the $CHICKS token. Investors that participated in SolChicks' private fundraising include Spartan Group, AU21, Sky Vision Capital, Shima Capital, MantraDAO, Solar Eco Fund, Blocore, AirAngels, GoldenTree, GD10, MetaVest Capital, and Master Ventures.
SolChicks is conducting its Initial DEX Offering (IDO) across an unprecedented 30 launchpads. With a public price of just $0.05 per token, SolChicks' implied fully diluted market cap is upwards of $500 million. Prominent launchpads involved in the SolChicks IDO include Lightning Launchpad, Trustpad, NFTPad, Samurai Cyberfi, Game Station, TruePnL Launchpad, StarTerra, GameFi, RedKite, A2DAO, PAID Ignition, PAID India, Bull Perks, Solster, TrustSwap, MetaPlay, Oxbull, CoinxPad, Synapse, BSCLaunch, Super Launcher, Lithium, Intersola, AnyPad, Kommunitas, Matic Launch, CafeSwap, LaunchZone, Roseon Pad, PlayPad, and Multipad.
The SolChicks team shares their thoughts on disrupting industries and breaking new ground.
SolChicks is taking the Solana ecosystem by storm. Their team of over 70 expert members includes an acclaimed business management team (originating from institutions such as Wharton and McKinsey & Co.) and a blue-chip game dev team that has contributed to titles such as MapleStory, PlayerUnknown's Battlegrounds, Dungeon Fighter, and Tera.
SolChicks' co-founder and CEO William Wu says that his team is operating on the cutting edge of gaming tech. “Play-to-Earn is set to disrupt the traditional gaming sector in ways never seen before,” he explains. “With the backing of our strategic investors, our team is aggressive and relentless in carving out our position as the dominant player in the new era of gaming.”
Project COO Lewis Grafton is proud of the work they've done so far. "We are breaking new ground as we lead the convergence of blockchain-based gaming that has until now lacked the production quality of traditional games, and also traditional gaming markets that have yet to adopt this new model of player-ownership and rewards."
Learn more about SolChicks on their website. Click here to play the SolChicks demo.